Repercations for non filing of form 10IC-for availing concessional rate of tax
This query is : Resolved
07 January 2022
If suppose, the assessee company could not file form 10IC before the dure of filing of income tax return through oversight and Tax auditors has mentioned the option for concessiona rate of tax i.e. Section 115BAA, whether the demand raied for application of normal rate of tax, Can assessee file rectificaiton applicaiton to the learned assessing officer for cancellation of demand. Kindly advise
07 January 2022
Yes, demand raised.
File rectification request by filing ITR under 115BAA of IT act..
File rectification request by filing ITR under 115BAA of IT act..
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